Wednesday May 15 2019
News Source: Global Exchanges
Focus: Clearing & Settlement
On 15th May 2019, the Board of the Capital Markets Authority (CMA) announced that it has approved the grant of a license to SBM Bank Kenya Limited to operate as an Authorised Depository and an Authorised Securities Dealer. Credit Bank Limited has been granted a license as an Authorized Depository. This brings the number of Authorised Securities Dealers to three and Authorised Depositories to twenty.
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